Over-the-Counter Beat

NASD Plc Signs MoU with Proshare Nigeria Limited

Culled—-Proshare NASD Plc and Proshare Nigeria Limited, Nigeria’s premier Economic and Financial Information Hub, on 2 August 2016 demonstrated their organisation’s commitment towards promoting transparency in the Nigerian Capital market following the formal execution of a Memorandum of Understanding [MoU] which amongst others outlines the terms for the publication of […]

Proshare and NASD Plc form strategic partnership to boost the Nigerian Financial Market

August 2, 2016/Proshare Proshare, Nigeria’s premier Economic and Financial Information Hub and NASD Plc, Nigeria’s foremost securities exchange for unquoted public companies, today announced a landmark partnership aimed at communicating the activities and developments of the NASD OTC market towards fostering transparency, education and growth. Following the launch of Proshare […]

First Naira-Settled OTC FX Futures Contract Matured and Settled July 27 on FMDQ

Culled—-Proshare July 29, 2016/FMDQ ₦962.23mm Settlement Amount paid to the ‘Futures Banks’ on the $/₦279 NGUS JUL 27 2016 contract The month of July is poised to report an encouraging increase in overall FX market activity. Precisely one (1) month into the June 27, 2016 introduction of and formal unveiling […]